The Indian luxury and supercar market is registering tremendous growth, owing to the rocketing economy, as well as growing personal wealth. The country saw sales of high-end luxury and sports cars rise last year, with Italian supercar manufacturer – Lamborghini – clocking sales of 100 units, and claiming about 10 percent share of the total market size.
The Italian marque also witnessed CY2023 as a landmark year, with not just sales that surpassed the 10,000-unit milestone, globally, as well as rise in new orders, making its current order bank extend to well over two years.
Stephan Winkelmann, Chairman & CEO, Automobili Lamborghini talks about how the company has had a terrific run last year with strong demand from across the world, including Europe, Americas, and Asia Pacific. Winkelmann is bullish about the growth potential in India’s supercar market with growing economy, and foray of younger buyers.
Winkelmann believes that a stability in the country’s taxation structure over the last five years, has been enabling sales of super-sports and luxury cars, and augurs well for the future as well. He also sheds light on Lamborghini’s electrification plans.
